MoneyMagpie

Aug 14

New tool reveals how your postcode’s borrowing stacks up against that of the Premier League

A new tool has been created which compares the debt levels of consumers in your postcode to the amount of club debt of those competing in the Premier League this season.

Created by Know Your Money, the tool aims to give a bit of context around the jaw dropping figures floating around the world of football nowadays and to find out if personal debt levels in your area are comparable. The answers might just surprise you.

The tool also demonstrates just how much some of the superstar players of the league are earning every week, by demonstrating what these amounts could buy. For example,

  • Arsenal’s German international midfielder Mesut Ozil earns enough each week to pay for a year’s Tube travel for 343 fans.
  • Liverpool’s Roberto Firmino earned an £85,000 goal bonus after scoring 16 goals. This means he could afford to buy a house around Anfield Road with this goal bonus alone.
  • Aaron Mooy of Huddersfield Town’s reported weekly wage of £32,000 would pay for 3555 adult peak tickets at the cinema next door to the John Smith’s Stadium.

John Ellmore, director of independent financial comparison site Know Your Money commented on the tool:

“We love to talk about football at Know Your Money – and whilst we’re excited by the prospect of the Premier League’s return – we think it’d be great if we all thought about our own finances too.

That’s why we’ve launched our new interactive tool – Back of the Debt – which helps you to explore the finances of your team and your local area. The tool gives some great insight into where you live and the club you support and put some of the eye-popping financial figures surrounding the Premier League into context.”

You can take a look at the tool, below!

 

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